UPDATE: Finish Line (FINL) Tops Q2 EPS by 5c; Comps Up 12.3%; Boosts FY13 Outlook

September 28, 2012 6:46 AM EDT
(Updated - September 28, 2012 6:46 AM EDT)

Finish Line (NASDAQ: FINL) reported Q2 EPS of $0.49, $0.05 better than the analyst estimate of $0.44. Revenue for the quarter came in at $385 million versus the consensus estimate of $357.17 million.

Comps up 12.3%.

Based on second quarter results, the company now expects earnings per share for the fiscal year ending March 2, 2013 to increase between 6 to 9% over the $1.53 in fiscal 2012, which excludes the $0.07 impact from the 53rd week, up from its most recent guidance of 6 to 7% growth. This guidance assumes an annual comparable store sales increase of 6 to 8%.

For earnings history and earnings-related data on Finish Line (FINL) click here.


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